Goldman deal values Facebook at $50bn

[superfrank]

Is A 0.014% Ad CTR Facebook's Weakest Link?
http://www.zerohedge.com/news/0014-ad-ctr-facebooks-weakest-link

182,901 page views leading to... 26 clicks

i don't know much about Facebook... is advertising their primary source of revenue?

[andyfuller]

Yes advertising is I believe. The IPO is like Betfair in many ways - they have more money than they know what to do with already. They don't need more. Looks like a cash out to me while the going is good.

Talking of Betfair the up trend is still chugging along nicely.

[Ferru123]

Classic Economist front page: http://paul.kedrosky.com/archives/2012/ ... omist.html

Jeff

[superfrank]

Talking of Betfair the up trend is still chugging along nicely.

I think that has more to do with the current market trend than Betfair itself. the markets seem to think the eurozone is over the worst and that the US economy is back on track and will lead the west out of recession. interesting that NYSE volume is still falling despite the current euphoria... http://www.zerohedge.com/news/market-stoned-its-1999

[Ferru123]

the markets seem to think the eurozone is over the worst and that the US economy is back on track and will lead the west out of recession.

Possibly, although could it not be that they are putting money into equities because they think that QE from either the EU or the US may be around the corner?

Jeff

[Dobbin]

Hi Folks


How lucky is that LOL

For founders to decorators,
Published: Thursday, February 2, 2012 at 10:07 a.m.

SAN FRANCISCO — The graffiti artist who took Facebook stock instead of cash for painting the walls of the social network’s first headquarters made a smart bet. The shares owned by the artist, David Choe, are expected to be worth upward of $200 million when Facebook stock trades publicly later this year.

[Ferru123]

Less than meets the eye at Facebook - http://www.washingtonpost.com/business/ ... story.html

[Euler]

Talking of Betfair the up trend is still chugging along nicely.

I think that has more to do with the current market trend than Betfair itself. the markets seem to think the eurozone is over the worst and that the US economy is back on track and will lead the west out of recession. interesting that NYSE volume is still falling despite the current euphoria... http://www.zerohedge.com/news/market-stoned-its-1999

That's how I read the move as well. A lot of mid cap stocks have risen together and joined the FTSE's push to 5900.

[Groovyelms]

Facebook, I am from a generation that dosn't get facebook, I am certain it will wither away in time as something flashier comes along...the whole social media thing smacks of big brother to me (George Orwell 1984) I think alot of folk as they grow older will regret alot of things said on facebook et al... On the other hand that might be its real value as a record of people doing stupid things in their teens and now trying to be a serious person... You only have a handfull of really close friends, there are more secure and enjoyable ways of keeping in touch with them..
groovy

[Euler]

Facebook buys Instagram for $1bn: full statement by Mark Zuckerberg

https://www.facebook.com/zuck/posts/10100318398827991